FP | April 22, 2009
The latest rate cut means consumers buying a house can borrow for as little as 3% interest on their loan if they are willing to buy into the Bank of Canada’s statement Tuesday that it won’t be changing rates until June, 2010. If you don’t believe the bank will hold steady on its promise, you [...]
Category: Financial Knowledge |
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Tags: Canadian Government, Financial Knowledge, Mortgage, Mortgage Rate Cuts, Personal Finance
FP | April 21, 2009
On Tuesday April 21, 2009 the Bank of Canada lowered its interest rates to a historic low rate of 0.25%. I found this article interesting, so I decided to share it with you. Posted: April 21, 2009, 11:13 PM by James Cowan In this occasional feature, the Post tells you everything you need to know [...]
Category: Financial Knowledge, Money Management |
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Tags: Bank of Canada, Canadian Government, Financial Knowledge, Financial Plan, Manage Debt, Money, Money managment, Mortgage Rate Cuts, Personal Finance
FP | April 8, 2009
The main reason I started this site/blog is to educate people about the insides of the financial products so people will be able to make the right choices. I been in a waiting room, and like always I picked a magazine from the coffee table to read. Often, you can tell a lot about people [...]
Category: Annuity, Financial Knowledge, Protect Your Capital |
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Tags: Annuity, Annuity Risks, Banks, Financial Plan, indexed Annuity, Insurance Company, Life Annuity, Protect Your Inheritance, Variable Annuity
FP | March 24, 2009
Did you know the average cost to raise a child to age 18 is about $163,000 according to Vanier Institute of the Family viewed April 21,2005. The truth is most of us don’t think about the cost when we decide to expend our family with children. Children are the most expensive but rewarding additions to [...]
Category: Financial Budget, Financial Knowledge, Raising Children, RESP |
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Tags: Canadian Government, Children, Debt, GESG, RESP, Term Life Insurance, The cost of raising a child, university fee, Will
FP | March 11, 2009
Over the years I found that in this amazing country called Canada, where freedom and opportunities are in front of you, the main reason some people will make it big while others are struggling is lacking or possessing the right financial information. Having the right information at the right time makes a huge difference. In [...]
Category: Financial Knowledge |
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Tags: Financial Knowledge, Money, Personal Finance